RedDoorz is Southeast Asia’s leading and fastest-growing hospitality brand, disrupting the industry with its technology-driven approach. Founded in 2015 by a team with extensive experience in online travel and hospitality, the company has rapidly expanded across Indonesia, Singapore, the Philippines, and Vietnam. RedDoorz offers branded, standardized accommodations, empowering hotel owners to enhance their businesses and streamline operations. The company's solutions cover distribution, pricing, marketing, customer experience, and technology, facilitated by advanced tech and digital infrastructure. The latest noteworthy development is a $70.00M Series C investment received on 18 August 2019 from Asia Partners, Qiming Venture Partners, Rakuten Capital, and Mirae Asset-Naver Asia Growth Fund. RedDoorz’s relentless expansion and strong investor backing position it as a significant player in the hospitality industry, with a focus on providing affordable, reliable stays in major cities across Southeast Asia.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $70.00M | 4 | Mirae Asset-Naver Asia Growth Fund | 18 Aug 2019 |
Series B | $45.00M | 6 | Susquehanna International Group (SIG) | 01 Mar 2019 |
Series A | $11.00M | 7 | Susquehanna International Group (SIG) | 06 Mar 2018 |
Debt Financing | $1.00M | 1 | 03 Apr 2017 | |
Series A | $5.00M | 3 | SIG China (SIG Asia Investments) | 01 Dec 2016 |
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